Bitcoin price is failing to break these 2 key resistance lines at $60K
Bitcoin bulls have “lots of work to do” as they attempt to claw back lost ground after two-month BTC price lows. Go to Source
Month: May 2024
Bitcoin selling pressure to ease? M2 money supply flips positive
Crypto traders are pointing to the M2 money supply turning positive as a bullish signal for Bitcoin. Go to Source
EigenLayer to cough up around 28M more EIGEN after airdrop backlash
EigenLayer is handing out an extra 100 to 110 EIGEN to 280,000 qualifying wallet addresses after criticism over its first airdrop. Go to Source
Blackrock Reinforces Tokenization Drive Leading $47 Million Funding Round in Digitization Company Securitize
Blackrock, the largest asset management company in the world, has led a strategic funding round of $47 million in Securitize, a capital markets digitalization company. The round, which had the participation of other financial markets and crypto native companies, shows Blackrock is betting on the transformative capabilities of tokenization for global capital markets. Blackrock Leads … Read more
Memecoins’ mass appeal makes it valuable to DEXs: Kain Warwick
Memes might be the “most simplistic connection” between financialization, tokenization and culture, says Kain Warwick. Go to Source
Bitcoin bottom in, now headed for a ‘slow grind higher’ — Arthur Hayes
This week’s 12% Bitcoin retreat was a “well-needed market cleansing,” said the former BitMEX boss. Go to Source
US senators, FBI aren’t opposed to crypto privacy: Railgun contributor
Ethereum privacy protocol Railgun contributor Alan Scott Jr. says U.S. regulators and government agencies don’t get enough credit for genuinely “trying to understand” crypto. Go to Source
BTC price chart seen mirroring US spot Bitcoin ETF launch pattern
Bitcoin’s price chart looks similar to when spot Bitcoin ETFs were launched in the United States — suggesting a breakout soon, though there are some differences this time around. Go to Source
Former FTX exec Ryan Salame to give up $5.9M Bahamas property
Salame proposes to satisfy the debtors by transferring a residence he owns to FTX Digital Markets Ltd. Go to Source
Tether Q1 2024 Attestation Reveals Record $4.52 Billion Profits
Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024. Tether registered a record-breaking $4.52 billion in profits, and disclosed its net equity levels, reporting $11.37 billion as of March 31, 2024. Tether issued over $12.5 billion USDT during this period. Tether Attestation Registers Record-Breaking … Read more